Lucintel Forecasts The Global Waterproofing Admixture Market To Reach $47 Billion By 2030

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According to a market report by Lucintel, the future of the global waterproofing admixture market looks promising with opportunities in the residential, commercial, and infrastructure sectors. The global waterproofing admixture market is expected to reach an estimated $47 billion by 2030 from $33 billion in 2023 at a CAGR of 5% from 2023 to 2030. The major drivers for this market are increasing building and construction activities, renovation of old building structures, and growing awareness on construction quality.
A total of less than 200 pages report to understand trends, opportunity and forecast in waterproofing admixture market to 2030 by product type (crystalline, pore blocking, and others), by end use (residential, commercial and infrastructure), and by region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that the crystalline segment is expected to show above average growth during the forecast period. Crystalline waterproofing admixtures are hydrophilic in nature, which means they react with the constituents of the cement matrix to form crystals. Crystalline chemicals ...
... facilitate a reaction creating long and narrow crystals that fill the pores, capillaries, and hairline cracks of the concrete mass.
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The waterproofing admixture market is segmented into residential, commercial, and infrastructure. The major application areas for waterproofing admixtures are water tanks, toilet sunken area, roof slabs, basement, swimming pools, dams, canals, harbors, and tunnels. Residential is expected to remain the largest segment over the forecast period.
APAC is expected to remain the largest market and witness the highest growth rate during the forecast period due to increasing urbanization and higher expenditures on residential and non-residential development in China and India.
United States Steel Corp, Tenaris SA, Vallourec SA, OAO TMK, ArcelorMittal SAare the major suppliers in the waterproofing admixture market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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